Plug Power Company Profile (NASDAQ:PLUG)

About Plug Power (NASDAQ:PLUG)

Plug Power logoPlug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company's product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. GenKey offers solutions to customers transitioning their material handling vehicles to fuel cell power. GenDrive is a hydrogen fueled proton exchange membrane (PEM) fuel cell system. It provides power to material handling vehicles. GenFuel is a hydrogen fueling delivery system. It is designed to allow customers to refuel its GenDrive units for productivity. GenCare is an ongoing maintenance program for both the GenDrive fuel cells and GenFuel products. ReliOn is a stationary fuel cell solution. It provides scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation and utility sectors.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Stationary Fuel Cells
  • Sub-Industry: N/A
  • Symbol: NASDAQ:PLUG
  • CUSIP: N/A
  • Web: www.plugpower.com
Capitalization:
  • Market Cap: $614.32 million
  • Outstanding Shares: 224,730,000
Average Prices:
  • 50 Day Moving Avg: $2.55
  • 200 Day Moving Avg: $2.23
  • 52 Week Range: $0.83 - $3.07
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -19.29
  • P/E Growth: -0.26
Sales & Book Value:
  • Annual Revenue: $87.98 million
  • Price / Sales: 6.90
  • Book Value: $0.44 per share
  • Price / Book: 6.14
Profitability:
  • EBITDA: ($63,180,000.00)
  • Net Margins: -112.95%
  • Return on Equity: -86.35%
  • Return on Assets: -32.25%
Debt:
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 1.31%
  • Quick Ratio: 0.68%
Misc:
  • Average Volume: 5.58 million shs.
  • Beta: 1.88
  • Short Ratio: 8.88
 

Frequently Asked Questions for Plug Power (NASDAQ:PLUG)

What is Plug Power's stock symbol?

Plug Power trades on the NASDAQ under the ticker symbol "PLUG."

How were Plug Power's earnings last quarter?

Plug Power, Inc. (NASDAQ:PLUG) posted its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.03. The business earned $22.60 million during the quarter, compared to analysts' expectations of $28.58 million. Plug Power had a negative return on equity of 86.35% and a negative net margin of 112.95%. The business's quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.04) earnings per share. View Plug Power's Earnings History.

When will Plug Power make its next earnings announcement?

Plug Power is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Plug Power.

Where is Plug Power's stock going? Where will Plug Power's stock price be in 2017?

7 analysts have issued 12 month price objectives for Plug Power's shares. Their forecasts range from $1.30 to $4.00. On average, they anticipate Plug Power's stock price to reach $3.04 in the next twelve months. View Analyst Ratings for Plug Power.

What are analysts saying about Plug Power stock?

Here are some recent quotes from research analysts about Plug Power stock:

  • 1. According to Zacks Investment Research, "Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey. " (10/17/2017)
  • 2. FBR & Co analysts commented, " On Friday, February 24, PLUG held its annual outlook call, announcing in-line preliminary 4Q16 results and 2017 guidance. Our key takeaways are as follows: (1) PLUG slightly beat its 2016 goal with ~4,010 GenDrive units deployed; (2) it posted solid 4Q16 order bookings of $110M with 90% from the U.S., a positive in light of the ITC expiration; (3) 2017 revenue was guided to $130M, up 50% YOY, but we expect a back-half-loaded year, similar to 2016; (4) 2017 bookings are up 18% YOY at $325M, and ~75% of revenue guidance, or $100M, is in contracted backlog; (5) 2017 gross margins of 8%'12% are in line with our expectations of 10.1%; (6) China has the potential to become a significant revenue contributor as PLUG develops its infrastructure and local relationships, although we expect modest revenue contribution in 2017; and (7) management anticipates reaching operating breakeven in 4Q17, although we do not forecast that occurring. Despite the tilt toward a back-half-loaded year, we are encouraged by the continued growth in Plug's core business, improving revenue visibility, and a line of sight toward operating profitability." (2/27/2017)

Are investors shorting Plug Power?

Plug Power saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 30,503,722 shares, an increase of 23.7% from the September 15th total of 39,968,091 shares. Based on an average daily volume of 9,013,637 shares, the short-interest ratio is currently 3.4 days. Approximately 13.6% of the company's stock are short sold.

Who are some of Plug Power's key competitors?

Who are Plug Power's key executives?

Plug Power's management team includes the folowing people:

  • George C. McNamee, Chairman of the Board
  • Andrew J Marsh, President, Chief Executive Officer, Director
  • Paul B. Middleton, Senior Vice President and Chief Financial Officer
  • Keith C Schmid, Chief Operating Officer and Senior Vice President
  • Gerard L. Conway Jr., Senior Vice President, General Counsel, Corporate Secretary
  • Martin Daniel Hull, Chief Accounting Officer, Corporate Controller
  • Jose Luis Crespo, Vice President - Global Sales
  • Gregory B. Graves, Director
  • Lucas P. Schneider, Director
  • Maureen O. Helmer, Independent Director

How do I buy Plug Power stock?

Shares of Plug Power can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Plug Power's stock price today?

One share of Plug Power stock can currently be purchased for approximately $2.70.


MarketBeat Community Rating for Plug Power (NASDAQ PLUG)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  365
MarketBeat's community ratings are surveys of what our community members think about Plug Power and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Plug Power (NASDAQ:PLUG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $3.04 (12.70% upside)
Consensus Price Target History for Plug Power (NASDAQ:PLUG)
Price Target History for Plug Power (NASDAQ:PLUG)
Analysts' Ratings History for Plug Power (NASDAQ:PLUG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Cowen and CompanyReiterated RatingBuy$3.00N/AView Rating Details
10/6/2017Craig HallumBoost Price TargetBuy$3.00 -> $4.00N/AView Rating Details
8/9/2017HC WainwrightSet Price TargetBuy$4.00MediumView Rating Details
7/25/2017FBR & CoReiterated RatingOutperform -> Outperform$3.00 -> $3.50HighView Rating Details
7/24/2017Rodman & RenshawReiterated RatingBuy$4.00LowView Rating Details
7/23/2017Roth CapitalReiterated RatingSell$1.30MediumView Rating Details
2/28/2017Morgan StanleyLower Price TargetEqual Weight$3.00 -> $1.50N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Plug Power (NASDAQ:PLUG)
Earnings by Quarter for Plug Power (NASDAQ:PLUG)
Earnings History by Quarter for Plug Power (NASDAQ PLUG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017($0.03)N/AView Earnings Details
8/8/2017Q2 2017($0.07)($0.10)$28.58 million$22.60 millionViewListenView Earnings Details
5/9/2017Q1 2017($0.07)($0.13)$24.90 million$15.20 millionViewListenView Earnings Details
3/9/2017Q4 2016($0.06)($0.08)$32.54 million$32.60 millionViewListenView Earnings Details
11/7/2016Q316($0.05)($0.07)$34.84 million$17.60 millionViewListenView Earnings Details
8/4/2016Q216($0.06)($0.07)$25.32 million$20.50 millionViewN/AView Earnings Details
5/10/2016Q116($0.06)($0.05)$25.53 million$15.30 millionViewListenView Earnings Details
3/10/2016Q415($0.05)($0.05)$36.18 million$38.40 millionViewListenView Earnings Details
11/9/2015Q315($0.05)($0.06)$30.70 million$31.40 millionViewN/AView Earnings Details
8/6/2015Q215($0.07)($0.06)$25.90 million$24.00 millionViewN/AView Earnings Details
5/11/2015Q115($0.06)($0.07)$18.13 million$9.40 millionViewListenView Earnings Details
3/17/2015Q414($0.04)($0.08)$26.30 million$21.45 millionViewN/AView Earnings Details
11/12/2014Q314($0.03)($0.04)$24.40 million$19.90 millionViewN/AView Earnings Details
8/14/2014Q214($0.04)($0.04)$16.73 million$17.30 millionViewN/AView Earnings Details
5/14/2014Q114($0.05)($0.06)$5.35 million$5.60 millionViewN/AView Earnings Details
3/13/2014Q413($0.08)($0.08)$7.45 million$8.03 millionViewN/AView Earnings Details
11/14/2013Q3($0.08)($0.19)$7.80 million$4.60 millionViewListenView Earnings Details
8/8/2013Q2 2013($0.11)($0.14)$6.50 million$7.50 millionViewN/AView Earnings Details
5/14/2013Q1 2013($0.16)($0.18)$6.30 million$6.40 millionViewN/AView Earnings Details
11/13/2012Q312($0.17)($0.27)$7.60 million$4.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Plug Power (NASDAQ:PLUG)
2017 EPS Consensus Estimate: ($0.20)
2018 EPS Consensus Estimate: ($0.15)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.08)($0.05)($0.07)
Q2 20172($0.08)($0.05)($0.07)
Q3 20172($0.04)($0.03)($0.04)
Q4 20172($0.04)($0.03)($0.04)
Q1 20181($0.05)($0.05)($0.05)
Q2 20181($0.04)($0.04)($0.04)
Q3 20181($0.03)($0.03)($0.03)
Q4 20181($0.03)($0.03)($0.03)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Plug Power (NASDAQ:PLUG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Plug Power (NASDAQ:PLUG)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 23.43%
Insider Trades by Quarter for Plug Power (NASDAQ:PLUG)
Institutional Ownership by Quarter for Plug Power (NASDAQ:PLUG)
Insider Trades by Quarter for Plug Power (NASDAQ:PLUG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/22/2017Liquide Investissements D' AirDirectorSell4,855$2.40$11,652.00View SEC Filing  
9/15/2017George C McnameeDirectorBuy200,000$2.20$440,000.00View SEC Filing  
3/24/2016Maureen O HelmerDirectorSell30,000$1.96$58,800.00View SEC Filing  
12/16/2015Liquide Investissements D' AirDirectorSell13,281$2.26$30,015.06View SEC Filing  
8/26/2015Sa AxaneDirectorSell6,394,539$1.67$10,678,880.13View SEC Filing  
8/26/2014Liquide Investissements D' AirDirectorSell5,521,676$5.80$32,025,720.80View SEC Filing  
8/20/2013Andrew MarshCEOBuy32,218$0.38$12,242.84View SEC Filing  
6/12/2013Andrew MarshCEOBuy172,870$0.21$36,302.70View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Plug Power (NASDAQ:PLUG)
Latest Headlines for Plug Power (NASDAQ:PLUG)
Source:
Loading headlines, please wait.

Social

Chart

Plug Power (PLUG) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.